This is known as the uptick/downtick ratio.
The uptick/downtick ratio, also referred to as the number of stocks with an uptick or downtick as their last trade, is an important concept in finance. It reflects the overall market sentiment and can help investors make informed decisions. Understanding this ratio is crucial for anyone looking to delve into the world of stocks and trading. Let's dive into the details of this fundamental term and how it impacts the financial landscape.